Endeavor Group sells IMG Academy to BPEA EQT for $1.25B in all-cash deal.
TL;DR Summary
Endeavor has agreed to sell its sports education business, IMG Academy, to private equity firm BPEA EQT for $1.25 billion. IMG Academy's assets include a campus in Florida, sports camps worldwide, and online coaching and college recruiting businesses. The academy is expected to partner with Nord Anglia Education, a portfolio company of EQT. IMG Academy's executive team will remain in their roles following the sale.
- Endeavor Sells IMG Academy to Private Equity Firm BPEA EQT for $1.25B Hollywood Reporter
- UFC Owner Endeavor Group to Sell Florida Sports School IMG Academy The Wall Street Journal
- Endeavor Sells IMG Academy To Division Of Private Equity Firm EQT In All-Cash Deal Valued At $1.25 Billion Deadline
- IMG Academy to be sold as part of of $1.25 billion deal by UFC, WWE ownership group Endeavor CBS Sports
- UFC owner Endeavor to sell sports school IMG Academy in $1.25 bln deal Reuters
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